mild increase in Household Sector vulnerability to debt-service cost “shocks”

FNB’s Household Debt-Service Risk Index attempts to provide a simple indication of the vulnerability of the country’s household sector when it comes to being able to service its debt in future.

From a revised 4th Quarter 2014 index level of 5.90 (on a scale of 1 to 10), the 1st quarter of 2015 saw a further rise to 5.99. This was the 2nd consecutive quarter of increase, based on revised data, after a prior declining trend that took place from late-2012 up to the 3rd quarter of last year.

Read more: FNB_Household_Consumer Debt_Service_Risk_Index_Jun_2015